Forth Smart Service Public Company Limited (FSMART) — Net Asset Quality Index
Forth Smart Service Public Company Limited (FSMART) has a Net Asset Quality Index of 47.3% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of ฿3.69 Billion minus total liabilities of ฿1.94 Billion yields net assets of ฿1.74 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check Forth Smart Service Public Company Limit liquidity resilience to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Forth Smart Service Public Company Limited Net Asset Quality Index Over Time (2012–2025)
This chart shows how Forth Smart Service Public Company Limited's Net Asset Quality Index has evolved across 14 annual periods from 2012 to 2025. As of December 2025, the index stands at 47.3%, representing net assets of ฿1.74 Billion against total assets of ฿3.69 Billion THB. See Forth Smart Service Public Company Limit (FSMART) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Forth Smart Service Public Company Limited (2012–2025)
The table below presents the year-by-year Net Asset Quality Index for Forth Smart Service Public Company Limited from 2012 to 2025, covering 14 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market value of Forth Smart Service Public Company Limit.
| Year | Quality Index | Net Assets (THB) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 47.3% | ฿1.74 Billion | ฿3.69 Billion | ฿1.94 Billion | ▲ +8.0 pp |
| 2024 | 39.2% | ฿1.29 Billion | ฿3.29 Billion | ฿2.00 Billion | ▼ -3.6 pp |
| 2023 | 42.8% | ฿1.17 Billion | ฿2.74 Billion | ฿1.57 Billion | ▲ +3.0 pp |
| 2022 | 39.8% | ฿1.13 Billion | ฿2.83 Billion | ฿1.71 Billion | ▲ +1.4 pp |
| 2021 | 38.4% | ฿1.13 Billion | ฿2.94 Billion | ฿1.81 Billion | ▲ +5.1 pp |
| 2020 | 33.3% | ฿1.15 Billion | ฿3.45 Billion | ฿2.31 Billion | ▼ -4.7 pp |
| 2019 | 37.9% | ฿1.34 Billion | ฿3.52 Billion | ฿2.18 Billion | ▲ +6.0 pp |
| 2018 | 32.0% | ฿1.25 Billion | ฿3.92 Billion | ฿2.66 Billion | ▲ +0.6 pp |
| 2017 | 31.3% | ฿1.33 Billion | ฿4.26 Billion | ฿2.93 Billion | ▼ -5.8 pp |
| 2016 | 37.1% | ฿1.18 Billion | ฿3.18 Billion | ฿2.00 Billion | ▼ -8.3 pp |
| 2015 | 45.5% | ฿1.02 Billion | ฿2.24 Billion | ฿1.22 Billion | ▼ -11.1 pp |
| 2014 | 56.6% | ฿1.01 Billion | ฿1.78 Billion | ฿774.90 Million | ▲ +24.0 pp |
| 2013 | 32.6% | ฿369.20 Million | ฿1.13 Billion | ฿764.89 Million | ▲ +5.4 pp |
| 2012 | 27.2% | ฿248.55 Million | ฿914.88 Million | ฿666.33 Million | — |